Biodiesel and renewable diesel (RD) capacity in the US increased in June, according to data released on Friday August 30 by the US Energy Information Agency (EIA). Rising capacity led to an all-time high in monthly feedstock consumption.
Biomass-based diesel (BBD) capacity reached a record high of 6.9 billion gallons per year, or 577 million gallons per month in June. Rapid growth in the RD sector has come from major oil companies looking to take advantage of market opportunities in the RD sector.
Biodiesel capacity was unchanged month on month in June at 2.022 billion gallons after increasing in both April and May. But biodiesel capacity has been on a slow decline since 2022 and is down by 2.9% year on year.
RD capacity increased by 322 million gallons in June to 4.9 billion gallons, up by 7% from May and by 32% from June 2023, as Phillips 66’s Rodeo renewable diesel plant reached full production capacity.
…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...